ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES (EIN 14-1423161)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2014-11-14
- IRS object ID
- 201403219349306950
- Schema version
- 2013v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-14T16:04:33-07:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 464001827 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SaxBST LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 855 Valley Road 3rd Floor | AddressLine1 |
| City | Clifton | City |
| State | NJ | State |
| ZIP Code | 07013 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141423161 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Albany College of Pharmacy and Health Sciences | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ALBA | BusinessNameControlTxt |
| Phone | 5186947216 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 106 New Scotland Avenue | AddressLine1 |
| City | Albany | City |
| State | NY | State |
| ZIP Code | 12208 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michele Vien | PersonNm |
| Person Title | Vice President of Finance | PersonTitleTxt |
| Phone | 5186947216 | PhoneNum |
| Signature | 2014-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARQUS WHITE | PreparerPersonNm |
| PTIN | P00053187 | PTIN |
| Phone | 9734726250 | PhoneNum |
| Preparation | 2014-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Michele Vien | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 106 New Scotland Avenue | AddressLine1 |
| City | Albany | City |
| State | NY | State |
| ZIP Code | 12208 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $82,035,565 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | acphs.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1881 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | Albany College of Pharmacy and Health Sciences is committed to graduating the best health care minds in the world. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 884 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,226,030 | PYContributionsGrantsAmt |
| CY Contributions Grants | $926,668 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $55,789,713 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $56,597,840 | CYProgramServiceRevenueAmt |
| PY Investment Income | $998,723 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,959,096 | CYInvestmentIncomeAmt |
| PY Other Revenue | $940,273 | PYOtherRevenueAmt |
| CY Other Revenue | $871,890 | CYOtherRevenueAmt |
| PY Total Revenue | $58,954,739 | PYTotalRevenueAmt |
| CY Total Revenue | $61,355,494 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $8,024,936 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $9,298,920 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $26,342,309 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $26,141,237 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,457,353 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $19,494,109 | PYOtherExpensesAmt |
| CY Other Expenses | $20,234,689 | CYOtherExpensesAmt |
| PY Total Expenses | $53,861,354 | PYTotalExpensesAmt |
| CY Total Expenses | $55,674,846 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,093,385 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,680,648 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $116,900,459 | TotalAssetsBOYAmt |
| Total Assets EOY | $122,789,201 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $43,679,308 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $42,016,448 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $73,221,151 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $80,772,753 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The College will continue its strong advocacy for lifelong intellectual and professional growth by providing a strong foundation in the basic, pharmaceutical, clinical and social sciences within a culture that promotes innovation, service and excellence among students, faculty, staff and alumni. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $38,143,019 | ExpenseAmt |
| Grant | $9,078,372 | GrantAmt |
| Revenue | $53,934,024 | RevenueAmt |
| Desc | Education - Albany College of Pharmacy and Health Sciences offers an array of degree programs designed for students focused on helping people live healthier lives. There are approximately 1,600 students enrolled at the College and more than 140 full- and part-time faculty. The College offers a Doctor of Pharmacy (Pharm.D.) program and four-year bachelor's degrees in Biomedical Technology, Chemistry, Clinical Laboratory Sciences, Health and Human Sciences, Microbiology, and Pharmaceutical Sciences. ACPHS also has master's degree programs in Clinical Laboratory Sciences, Cytotechnology & Molecular Cytology, Health Outcomes Research, Molecular Biosciences, and Pharmaceutical Sciences. In addition, students may pursue joint degrees in the fields of medicine, law, and business through cooperative agreements with area institutions. Opportunities exist for students within each of these programs to work side-by-side with faculty on innovative research projects in areas related to cancer, infectious disease, and heart disease. These experiences are not typically afforded to undergraduates at most schools and are part of what distinguishes ACPHS from other colleges and universities. Graduates of the College are prepared for a range of careers such as: biochemist, clinical laboratory scientist, consumer safety officer, drug information specialist, environmental toxicologist, health policy analyst, hospital administrator, pharmacist, physician, physician assistant, and research scientist. ACPHS has a satellite campus in Colchester, Vermont. There are approximately 240 full-time students enrolled on the Vermont Campus. The ACPHS-Vermont Campus offers the only Doctor of Pharmacy program in the state. Students may also pursue the master's degree in Pharmaceutical Sciences at the Vermont Campus. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,247,581 | ExpenseAmt |
| Grant | $220,548 | GrantAmt |
| Revenue | $2,648,344 | RevenueAmt |
| Desc | Research - The research taking place across the departments and schools at Albany College of Pharmacy and Health Sciences is helping address several of the world's most pressing health threats. Faculty of the College are engaged in a wide range of research projects, including: studying biodefense strategies to thwart potential anthrax attacks or deployment of the francisella bacteria; exploring the impact of parental resources on children's health; developing chemical compounds for limiting the harmful effects of the sun; and working on numerous projects related to the prevention, detection, and treatment of cancer. Complementing these efforts is the College's Pharmaceutical Research Institute (PRI), a center for drug discovery and development that was founded in 2003, and is led by Vice Provost for Research Shaker Mousa. PRI investigators possess expertise in fields such as nanotechnology, medicinal chemistry, molecular biology, and cell biology. PRI also offers research opportunities and resources for both undergraduate and graduate students of the College. ACPHS boasts strong concentrations of clinical pharmacy scientists in the areas of nephrology and infectious disease. Their individual and collective expertise allow for projects along the entire continuum of clinical and translational research, with research findings being directly implemented for the improvement of patient care. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $128,419 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $15,472 | RevenueAmt |
| Desc | Community Service Albany College of Pharmacy and Health Sciences believes that an institution of higher learning has a responsibility to the communities outside its campus borders. The College works with a number of school, community, and youth organizations through the following programs and events: ACPHS Academy is an afterschool enrichment program that promotes STEM (science, technology, engineering, and math) education for at-risk students in Albany elementary and middle schools. The program seeks to instill good study habits, increase confidence and self-respect, and ultimately help students realize that college can be part of their futures. As of fall 2014, there were 130 students spanning grades 3-9 enrolled in the program. The Summer Enrichment Program, which runs for six weeks each summer, is for area high school students who demonstrate interest in a career in the sciences. Each week of the program consists of three days of research with an ACPHS faculty member, one day of instructional activities, and one day to tour regional pharmaceutical companies. Relay for Life, a fundraiser for the American Cancer Society, brings together hundreds of participants from the College and local community to raise money for cancer. The College consistently finishes among the top fundraising schools in the country among those with comparable enrollments. The College's annual Health and Wellness Expo provides flu shots, health screenings, and information on subjects such as high blood pressure, heart disease, cancer, and diabetes. The Expo includes a Medication Takeback Event, providing area residents with a safe, cost-free opportunity to dispose of their expired or unused medications. ACPHS students and faculty contribute to the community in a variety of other ways, including volunteer work and support for the American Red Cross, Boys and Girls Clubs, Great American Smokeout, Make a Wish Foundation, March of Dimes, Meals on Wheels, National Kidney Foundation, Ronald McDonald House, St. Jude Children's Hospital, Toys for Tots, and many more. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $42,519,019 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 152 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 884 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michele Vien | PersonNm |
| Phone | 5186947216 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 106 New Scotland Avenue | AddressLine1 |
| City | Albany | City |
| State | NY | State |
| ZIP Code | 12208 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Stephen C Ainlay | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Matthew J Bette | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Raymond A Bleser | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Walter S Borisenok | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Richard H Daffner | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| J Gordon Dailey | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Francis J DiLascia | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Geno J Germano | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Rocco F Giruzzi | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Hugh A Johnson | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Jeanette S Lamb | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Joseph M Lapetina | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Marion T Morton | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Dr Lee S Shapiro | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Mr Scott M Terrillion | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Michael Duteau | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Susan Learned | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Herbert G Chorbajian | |||||||||
| Chairman | 1 | 0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Bridget Ann Hart | |||||||||
| Vice Chair | 1 | 0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Christopher Mitiguy | |||||||||
| Treasurer | 1 | 0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Kandyce J Daley | |||||||||
| Secretary | 1 | 0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| James Gozzo | |||||||||
| President | 40 | 0 | $493,932 | $0 | $62,119 | Yes (X) | |||
| John Denio | |||||||||
| Provost | 40 | 0 | $209,230 | $0 | $23,655 | Yes (X) | |||
| Shaker Mousa | |||||||||
| Vice Provost of Research | 40 | 0 | $412,746 | $0 | $28,000 | Yes (X) | |||
| Angela Dominelli | |||||||||
| Dean Pharmacy & Pharmaceutical Sci | 40 | 0 | $191,413 | $0 | $22,166 | Yes (X) | |||
| Mehdi Boroujerdi | |||||||||
| Professor | 40 | 0 | $178,446 | $0 | $19,616 | Yes (X) | |||
| Robert Hamilton | |||||||||
| Associate Dean and Professor | 40 | 0 | $177,719 | $0 | $20,035 | Yes (X) | |||
| Gerald Katzman | |||||||||
| Legal Cousel | 40 | 0 | $177,154 | $0 | $19,277 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,840,640 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $194,868 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 38 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt | Address Line2ContractorAddress/USAddress/AddressLine2 |
|---|---|---|---|---|---|---|
| Chartwells | ||||||
| PO Box 417632 | Boston | MA | 022417632 | Food services | $2,230,708 | |
| University Heights Association Inc | ||||||
| 130 New Scotland Avenue | Albany | NY | 12208 | Security | $886,598 | |
| Colonie Mechanical Contractors Inc | ||||||
| 17 Railroad Avenue | Albany | NY | 12205 | construction | $662,208 | |
| Bette & Cring LLC | ||||||
| 26 Century Hill Drive | Latham | NY | 121102128 | construction | $353,986 | Suite 101 |
| Janitronics | ||||||
| PO Box 12729 | Albany | NY | 12212 | Janitorial services | $268,548 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 20 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $49,567 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $0 | GovernmentGrantsAmt |
| All Other Contributions | $877,101 | AllOtherContributionsAmt |
| Noncash Contributions | $106,397 | NoncashContributionsAmt |
| Total Contributions | $926,668 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Education | 611600 | $53,934,024 | $53,934,024 | $0 | $0 |
| Research | 611600 | $2,648,344 | $2,648,344 | $0 | $0 |
| Community Service | 611600 | $15,472 | $15,472 | $0 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $56,597,840 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $911,589 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $911,589 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $76,048 | RealAmt |
| Personal | $0 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,940 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $74,108 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $74,108 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $74,108 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $22,676,594 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $20,584,412 | SecuritiesAmt |
| Other | $44,675 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,092,182 | SecuritiesAmt |
| Other | -$44,675 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,047,507 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,047,507 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $28,603 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $49,567 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $49,044 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$20,441 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$20,441 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Income | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $818,223 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $818,223 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $818,223 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $61,355,494 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $57,416,063 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,012,763 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $220,548 | TotalAmt |
| Program Services | $220,548 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,078,372 | TotalAmt |
| Program Services | $9,078,372 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $813,719 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $813,719 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,352,033 | TotalAmt |
| Program Services | $14,277,697 | ProgramServicesAmt |
| Management And General | $4,389,881 | ManagementAndGeneralAmt |
| Fundraising | $684,455 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,844,764 | TotalAmt |
| Program Services | $1,286,587 | ProgramServicesAmt |
| Management And General | $482,887 | ManagementAndGeneralAmt |
| Fundraising | $75,290 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,588,041 | TotalAmt |
| Program Services | $1,842,529 | ProgramServicesAmt |
| Management And General | $667,986 | ManagementAndGeneralAmt |
| Fundraising | $77,526 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,542,680 | TotalAmt |
| Program Services | $1,092,244 | ProgramServicesAmt |
| Management And General | $398,075 | ManagementAndGeneralAmt |
| Fundraising | $52,361 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,993 | TotalAmt |
| Program Services | $3,992 | ProgramServicesAmt |
| Management And General | $61,001 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,450 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $97,450 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,293 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $56,293 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $110,115 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $110,115 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,269 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $55,269 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $294,589 | TotalAmt |
| Program Services | $167,051 | ProgramServicesAmt |
| Management And General | $117,097 | ManagementAndGeneralAmt |
| Fundraising | $10,441 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,522,142 | TotalAmt |
| Program Services | $1,060,523 | ProgramServicesAmt |
| Management And General | $415,634 | ManagementAndGeneralAmt |
| Fundraising | $45,985 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $386,673 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $386,673 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,683,522 | TotalAmt |
| Program Services | $2,657,661 | ProgramServicesAmt |
| Management And General | $900,621 | ManagementAndGeneralAmt |
| Fundraising | $125,240 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $367,600 | TotalAmt |
| Program Services | $262,192 | ProgramServicesAmt |
| Management And General | $39,180 | ManagementAndGeneralAmt |
| Fundraising | $66,228 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $505,773 | TotalAmt |
| Program Services | $173,442 | ProgramServicesAmt |
| Management And General | $241,715 | ManagementAndGeneralAmt |
| Fundraising | $90,616 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $665,839 | TotalAmt |
| Program Services | $480,386 | ProgramServicesAmt |
| Management And General | $162,807 | ManagementAndGeneralAmt |
| Fundraising | $22,646 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,524,875 | TotalAmt |
| Program Services | $3,986,197 | ProgramServicesAmt |
| Management And General | $1,350,832 | ManagementAndGeneralAmt |
| Fundraising | $187,846 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $358,508 | TotalAmt |
| Program Services | $151,840 | ProgramServicesAmt |
| Management And General | $206,668 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Leases | $1,480,834 | $1,480,834 | $0 | $0 |
| Cost of Operations - food service | $2,229,933 | $2,229,933 | $0 | $0 |
| General Expenses | $935,439 | $760,440 | $174,999 | $0 |
| Books, Periodicals, AV Matieral | $393,324 | $393,324 | $0 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,501,518 | TotalAmt |
| Program Services | $913,227 | ProgramServicesAmt |
| Management And General | $569,572 | ManagementAndGeneralAmt |
| Fundraising | $18,719 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,674,846 | TotalAmt |
| Program Services | $42,519,019 | ProgramServicesAmt |
| Management And General | $11,698,474 | ManagementAndGeneralAmt |
| Fundraising | $1,457,353 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,121,055 | BOYAmt |
| EOY | $19,866,929 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,957,501 | BOYAmt |
| EOY | $996,049 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $691,841 | BOYAmt |
| EOY | $630,535 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,562,814 | BOYAmt |
| EOY | $2,825,940 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $564,081 | BOYAmt |
| EOY | $238,122 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $95,043,849 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $43,373,982 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,983,869 | BOYAmt |
| EOY | $51,669,867 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,959,437 | BOYAmt |
| EOY | $41,268,396 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $475,856 | BOYAmt |
| EOY | $489,512 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,584,005 | BOYAmt |
| EOY | $4,803,851 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,900,459 | BOYAmt |
| EOY | $122,789,201 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,623,425 | BOYAmt |
| EOY | $2,145,132 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,287,993 | BOYAmt |
| EOY | $2,303,594 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,026,864 | BOYAmt |
| EOY | $8,253,996 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,472,016 | BOYAmt |
| EOY | $25,865,272 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,269,010 | BOYAmt |
| EOY | $3,448,454 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,679,308 | BOYAmt |
| EOY | $42,016,448 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,511,754 | BOYAmt |
| EOY | $70,328,242 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,032,185 | BOYAmt |
| EOY | $2,504,974 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,677,212 | BOYAmt |
| EOY | $7,939,537 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,221,151 | BOYAmt |
| EOY | $80,772,753 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,900,459 | BOYAmt |
| EOY | $122,789,201 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,680,648 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,541,728 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | -$670,774 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $56,293 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $56,293 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 | FormAndLineReferenceDesc |
| Explanation | Lobbying activities: The College has retained W.O.H. Government Solutions LLC for continued legislative and government relations, representation before the U.S. House of Representatives, U.S. Senate and Executive Branch concerning all relevant legislative proposals and proposed regulations that affect the College. They also represent the College before the New York State Legislature, Executive Branch and various regulatory agencies on matters of interest to the College. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $23,298,363 | BeginningYearBalanceAmt |
| Contributions | $10,262,258 | ContributionsAmt |
| Investment Earnings Or Losses | $5,054,908 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $38,615,529 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,258,400 | BeginningYearBalanceAmt |
| Contributions | $195,205 | ContributionsAmt |
| Investment Earnings Or Losses | $1,844,758 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $23,298,363 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,033,621 | BeginningYearBalanceAmt |
| Contributions | $3,530,596 | ContributionsAmt |
| Investment Earnings Or Losses | $694,183 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $21,258,400 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,036,360 | BeginningYearBalanceAmt |
| Contributions | $5,275,538 | ContributionsAmt |
| Investment Earnings Or Losses | $1,721,723 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $17,033,621 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,558,557 | BeginningYearBalanceAmt |
| Contributions | $1,016,104 | ContributionsAmt |
| Investment Earnings Or Losses | $466,575 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,876 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $10,036,360 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.7518 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.2482 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $6,413,706 | OtherCostOrOtherBasisAmt |
| Book Value | $6,413,706 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $56,524,576 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,796,243 | DepreciationAmt |
| Book Value | $35,728,333 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $4,411,247 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,770,741 | DepreciationAmt |
| Book Value | $2,640,506 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $18,340,020 | OtherCostOrOtherBasisAmt |
| Depreciation | $15,916,270 | DepreciationAmt |
| Book Value | $2,423,750 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $9,354,300 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,890,728 | DepreciationAmt |
| Book Value | $4,463,572 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $51,669,867 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| Post Retirement Health Care Benefits | $1,928,471 |
| Obligation under Interest Rate Swap | $88,158 |
| Deposit Held in Custody for Others | $334,616 |
| Lease Obligations | $965,836 |
| Deferred compensation liability | $125,660 |
| Gift Annuity | $5,713 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,448,454 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $50,190,084 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $0 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | $91,209 | OtherRevenueAmt |
| Revenue Not Reported | $91,209 | RevenueNotReportedAmt |
| Revenue Subtotal | $50,098,875 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $0 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $11,256,619 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $11,256,619 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $61,355,494 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $47,835,244 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $0 | DonatedServicesUseFcltsAmt |
| Prior Year Adjustments | $0 | PriorYearAdjustmentsAmt |
| Losses Reported | $0 | LossesReportedAmt |
| Other Expenses Included | $635,884 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $635,884 | ExpensesNotReportedAmt |
| Expenses Subtotal | $47,199,360 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $110,115 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $8,365,371 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $8,475,486 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $55,674,846 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part V, Line 4 | The College's policy for distributing endowment fund earnings is based on the need to support its various programs and maintenance of facilities. Whether any distributions are made from endowment funds is decided annually by the Board of Trustees in conjunction with the College's annual operating budget. Accordingly, over the long term, the College expects the current spending policy to allow its endowment to grow at a rate that exceeds the rate of inflation. This is consistent with the College's objective to maintain the purchasing power of the endowment assets held in perpetuity or for a specified term as well as to provide additional real growth through new gifts and investment return. The current investment policy has a spending policy of 4% per annum, based on a historical three-year moving average of donor restricted endowment fund market value on June 30. No distributions will be made which will result in the market value of the donor restricted endowment to fall below the original corpus. In addition, the Board of Trustees has determined that no funds will be withdrawn from the Board-Designated Endowment. |
| Schedule D, Part X, Line 2 | The College is a not-for-profit organization as described in Section 501(C)(3) of the Internal Revenue Code and is exempt from federal income taxes. The College has been classified as a publicly-supported organization that is not a private foundation under Section 509(a) of the Code. The College files a form 990 annually with the Internal Revenue Service. When annual returns are filed, some tax positions taken are highly certain to be sustained upon examination by the taxing authorities, while other tax positions are subject to uncertainty about the technical merits of the position or amount of the position's tax benefit that would ultimately be sustained. Management evaluated the College's tax positions, including interest and penalties attributable thereto, and concluded that there are no tax positions that required adjustment in its financial statements as of June 30, 2014 and 2013. Forms 990 filed by the College are subject to examination by the Internal Revenue Service up to three years from the extended due date of each return. Forms 990 filed by the College are no longer subject to examination for the fiscal years ended June 30, 2010 and prior. |
| Schedule D, Part XI, Line 2d | Rental Expense $1,940, SEOG Instructional Contribution $40,225 and fundraising expenses $49,044 |
| Schedule D, Part XI, Line 4b | Student fiancial aid reported net of tuition $8,365,371, Gain/Loss Sale of Securities $2,047,507 and Interest Income $843,741 |
| Schedule D, Part XII, Line 2d | Rental expense $1,940, Gain/Loss on sale of fixed assets $44,675, fundraising expenses $49,044, SEOG matching contribution $40,225 and loss on pledge receivable $500,000 |
| Schedule D, Part XII, Line 4b | Student financial aid reported net of tuition $8,365,371 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 2 | The College also prominently publishes on its web page and in all printed catalogs the following notice: Albany College of Pharmacy and Health Sciences does not discriminate on the basis of race, color, sex, sexual preference, age, religion, creed, national origin, marital status, Vietnam era veteran status, disabled veteran status or disability in its programs and activities. The College's policy of nondiscrimination extends to all areas of college operations, including but not limited to, admissions, student aid, athletics, employment and educational programs. All the rights, privileges, programs and activities generally accorded to all full-time matriculated students of the College are accorded on a nondiscriminatory basis. Albany College of Pharmacy and Health Sciences is an equal opportunity employer that conforms to the regulations and policies of affirmative action and of Title IX. The following person has been designated to handle inquiries regarding the nondiscrimination policies: Gerald H. Katzman, Esq., General Counsel, Albany College of Pharmacy and Health Sciences, 106 New Scotland Ave. Albany, NY 12208-3492; 518-694-7298; fax: 518-694-7341; Gerald.Katzman@acphs.edu. |
| Schedule E, Part I, Line 3 | ACPHS annually publishes in the Times Union, a newspaper serving the capital district of New York State, a statement to the effect that it admits students of any race, color, national or ethnic origin to all the rights, privileges, programs and activities generally accorded or made available to students at the school, and that the College does not discriminate on the basis of race, color, national or ethnic origin in administration of its educational policies, admissions policies, scholarship and loan programs and athletic and other school administered programs. |
| Schedule E, Part I, Line 6 | The College receives assistance from the government for both research and development as well as supporting financial aid. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | President's Cup | NameOfEvent1Amt |
| Gross Receipts Event1 | $60,733 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $43,973 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $16,760 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $0 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $17,077 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $9,880 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $5,800 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $0 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $218 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | FONSMZ Tournament | NameOfEvent2Amt |
| Gross Receipts Event2 | $17,437 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $5,594 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $11,843 | GrossRevenueEvent2Amt |
| Cash Prizes Event2 | $0 | CashPrizesEvent2Amt |
| Non Cash Prizes Event2 | $4,491 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $4,568 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $7,010 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $0 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $0 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $78,170 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $49,567 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $28,603 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $0 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $21,568 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $14,448 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $12,810 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $0 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $218 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $49,044 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$20,441 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GE Global Research | BusinessNameLine1 |
| Business Name Line2 | Dan Meyer | BusinessNameLine2 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 Research Circle | AddressLine1 |
| City | Niskayuna | City |
| State | NY | State |
| ZIP Code | 123091027 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 140689340 | RecipientEIN |
| Cash Grant | $220,548 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | Research Into an in vitro correlation model to predict serum non-transferrin bound iron in support of an FDA federal award. | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships and financial aid for students attending the College | GrantTypeTxt |
| Recipient | 2164 | RecipientCnt |
| Cash Grant | $9,078,372 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | Use of grant funding must comply with the institution's purchasing policy and Federal guidelines. Primary Investigators are ultimately responsible for the use of those funds under the review of the Contract and Grants Accounting Manager that monitors their compliance. In addition, the College is subject to an A133 annual audit ensuring an outside opinion of the institutions policies and procedures. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| James Gozzo | ||||||||||||||
| President | $493,932 | $0 | $0 | $0 | $0 | $0 | $62,119 | $0 | $0 | $0 | $556,051 | $0 | $0 | $0 |
| John Denio | ||||||||||||||
| Provost | $209,230 | $0 | $0 | $0 | $0 | $0 | $23,655 | $0 | $0 | $0 | $232,885 | $0 | $0 | $0 |
| Mehdi Boroujerdi | ||||||||||||||
| Former Provost and Professor | $178,446 | $0 | $0 | $0 | $0 | $0 | $19,616 | $0 | $0 | $0 | $198,062 | $0 | $0 | $0 |
| Shaker Mousa | ||||||||||||||
| Vice Provost of Research | $412,746 | $0 | $0 | $0 | $0 | $0 | $28,000 | $0 | $0 | $0 | $440,746 | $0 | $0 | $0 |
| Angela Dominelli | ||||||||||||||
| Dean of Pharmacy and Pharmaceutical Sciences | $191,413 | $0 | $0 | $0 | $0 | $0 | $22,166 | $0 | $0 | $0 | $213,579 | $0 | $0 | $0 |
| Robert Hamilton | ||||||||||||||
| Associate Dean and Professor | $177,719 | $0 | $0 | $0 | $0 | $0 | $20,035 | $0 | $0 | $0 | $197,754 | $0 | $0 | $0 |
| Gerald Katzman | ||||||||||||||
| Legal Cousel | $177,154 | $0 | $0 | $0 | $0 | $0 | $19,277 | $0 | $0 | $0 | $196,431 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule J, Part I, Line 1a | FormAndLineReferenceDesc |
| Explanation | The College provides the President membership in a club which enables the President to have off campus meetings, including lunch and dinner meetings where appropriate, or to host other College related events. The funds provided by the College do not provide any personal benefits to the President and the use of the club is substantially restricted to College related matters. The President is required to pay for any incidental personal use, for non-college related activities. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| City of Albany Industrial Development | ||||||||
| A | 522015750 | 012126AN8 | 2004-12-14 | $14,352,330 | Defease 1999B Bonds, construction of Student Center | 0 | 0 | 0 |
| City of Albany Industrial Development | ||||||||
| B | 522015750 | 012440GU1 | 2004-12-14 | $8,000,000 | Defease 2000A bonds construction of Student Center | 0 | 0 | 0 |
| City of Albany Industrial Development | ||||||||
| C | 522015750 | 012440LG6 | 2008-01-25 | $7,330,000 | Pay down line of credit, purchase 84 Holland building | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $2,677,330 | $0 | $14,352,330 | $1,155,041 | $0 | $6,164,697 | $251,713 | $0 | $0 | $6,612,285 | $168,694 | $0 | 2006 | Yes (1) | 0 | Yes (1) | Yes (1) |
| B | $1,380,000 | $0 | $8,000,000 | $0 | $0 | $2,915,000 | $130,997 | $109,667 | $0 | $4,743,301 | $101,065 | $0 | 2006 | Yes (1) | 0 | Yes (1) | Yes (1) |
| C | $0 | $0 | $7,330,000 | $0 | $0 | $0 | $145,263 | $62,801 | $0 | $7,094,449 | $27,487 | $0 | 2008 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (no name) | ||||||||||||
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) | |||
| TD Banknorth | ||||||||||||
| B | 0 | 0 | 0 | 0 | Yes (1) | Yes (1) | 0 | 0 | Yes (1) | 8.5 | 0 | 0 |
| TD Banknorth | ||||||||||||
| C | 0 | 0 | Yes (1) | 0 | Yes (1) | Yes (1) | 0 | 0 | Yes (1) | 5.0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Gil Chorbajian | |||
| Son of a Board of Trustee member | $106,905 | Employed as Director of Marketing & Communications | 0 |
| Matthew Bette | |||
| Board of Trustee | $353,986 | renovations to buildings | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 9 | ContributionCnt |
| Noncash Contributions Rpt F990 | $74,799 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | fair market value | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | fundraising prizes | 3 | $15,598 | fair market value |
| Yes (X) | Overit Public Relations | 1 | $16,000 | fair market value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, Line 11b | The process for reviewing the 990 includes a detailed review and approval by both the audit and finance committees. The 990 is then forwarded to the full Board for its review. |
| Form 990, Part VI, Section B, Line 12c | The conflict of interest policy requires all trustees and the president disclosure to the Board any possible conflict of interest at the earliest practicable time. At least annually, each trustee and the president shall complete a disclosure form and file same with the Secretary of the Board. No trustee shall vote on any matter under consideration at a Board or Committee meeting in which such trustee has a conflict of interest. All key employees shall disclose to the president any possible conflict of interest at the earliest practicable time. At least annually each key employee shall complete a disclosure form and file the same with the president. The president shall, in the president's discretion take such actions as appropriate to prevent such conflicts of interest effecting the course and determination of the College. |
| Form 990, Part VI, Section B, Line 14 | The College has existing practices with respect to document retention such that all students records were perpetually kept. During the past ten years the College has utilized electronic databases for the creation and maintenance of student and business records. The College is in the process of establishing a written document retention and destruction policy which will implement the existing practices and provide for electronic retention of documents whereever possible. |
| Form 990, Part VI, Section B, Line 15 | The Board of Trustees appoints a compensation committee which reviews the President's salary at time of contract renewal and compares the President's salary to the salaries of presidents at similarly situated institutions. The President in turn reviews available salary information with respect to the officers and key employees in establishing their salaries. All salary recommendations exist as part of the budget and are available for review by the Finance Committee and Board of Trustees and the budget is ultimately adopted by the Board of Trustees. |
| Form 990, Part VI, Section C, Line 19 | The College makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. |
| Form 990, Part XI, Line 9 | Incremental Effect of applying ASC715 $170,774 and a loss on pledge receivable $500,000 |
Schedule R IRS990ScheduleR
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | UBI Code VUBICodeVAmt | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | Address Line2USAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bookstore LLC | |||||||||||||
| 106 New Scotland Ave | Albany | NY | 12208 | 113780407 | bookstore | NY | $21,334 | $21,935 | 0 | $0 | 0 | 0.41 | |
| Nanopharmaceuticals LLC | |||||||||||||
| c/o Bercu Company Inc | Port Washington | NY | 11050 | 463161463 | research | NY | -$17,420 | $6,580 | 0 | $0 | Yes (1) | 0.2232 | 8 Graywood Rd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |